China arrests 62 suspects abroad, US$1.5 billion seized in P2P crackdown

By on
China arrests 62 suspects abroad, US$1.5 billion seized in P2P crackdown

Crackdown on online finance.

China has arrested 62 suspects abroad and seized 10 billion yuan (US$1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms since June as part of a crackdown on online finance, the public security ministry said. The arrest of P2P suspects hiding overseas is a top ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
benchmarking change networking p2p security
In Partnership With

Most Read Articles

Telstra and Optus secure round four mobile blackspot sites

Telstra and Optus secure round four mobile blackspot sites
Coles quietly expands Uber Eats deliveries to essentials like bread, milk, Netflix

Coles quietly expands Uber Eats deliveries to essentials like bread, milk, Netflix
Bendigo Bank outage takes down online banking

Bendigo Bank outage takes down online banking
Credit cards cancelled as Kathmandu reveals online store hacked

Credit cards cancelled as Kathmandu reveals online store hacked
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Guide to Fully-Composable Software-Defined Private Cloud
Guide to Fully-Composable Software-Defined Private Cloud
Is slow data silently killing your business? Here's why you should care.
Is slow data silently killing your business? Here's why you should care.
Cloud, AI, infosec: Is your IT strategy keeping up?
Cloud, AI, infosec: Is your IT strategy keeping up?
Australian business moves to a new cloud era
Australian business moves to a new cloud era
Automate and secure IOT for Business
Automate and secure IOT for Business

Events

Log In

Username / Email:
Password:
  |  Forgot your password?